[Translation for Reference and Convenience Purposed Only]
Code No. 1662
June 28, 2018
To All Shareholders:Hideichi Okada, President
Japan Petroleum Exploration Co., Ltd. (JAPEX)
1-7-12 Marunouchi, Chiyoda-ku, Tokyo

Notification of Resolutions
at the 48th Ordinary General Meeting of the Shareholders
We are pleased to inform you that the following matters were reported and resolved at the 48th Ordinary
General Meeting of the Shareholders held on June 28, 2018.
Announcements: 1)

2)

Business report and consolidated financial report of the 48th Term (from April 1,2017 to March 31, 2018), and audit reports from the accounting auditor and Boardof Corporate Auditors on the consolidated financial report
JAPEX reported the foregoing items to the shareholders present at the meeting.
Financial report of the 48th Term (from April 1, 2017 to March 31, 2018)
JAPEX reported the foregoing item to the shareholders present at the meeting.

Resolution items:
Item 1: Appropriation of Surplus
This item was approved and adopted as proposed. It was decided to pay the year-end dividends of
10 yen per share for the 48th Term.
Item 2: Election of Two (2) Directors
This item was approved and adopted as proposed. Accordingly, two (2) Directors, Michiro
Yamashita and Yoshitaka Ishii, were newly elected, and both of them assumed their offices.
Item 3: Election of Two (2) Corporate Auditors
This item was approved and adopted as proposed. Accordingly, one (1) Corporate Auditor, Norio
Nakajima, was reelected and one (1) Corporate Auditor, Koichi Shimomura, was newly elected, andboth of them assumed their offices.
Norio Nakajima is an Outside Corporate Auditor.
Item 4: Payment of Bonuses to Directors and Corporate Auditors
This item was approved and adopted as proposed. A total bonus amount of 1,200,000 yen will be
paid to two (2) of three (3) Corporate Auditors (excluding Outside Corporate Auditors) tenured during
the fiscal year ended March 31, 2018.
------------------------------------------------------------------------------------------------------------------------- --------------The Directors, Corporate Auditors and Executive Officers comprising the new management team of theCompany are as follows:
Directors and Corporate Auditors
Representative Director and Chairman Osamu Watanabe
Representative Director and President
Hideichi Okada*
DirectorHikaru Fukasawa*
DirectorYosuke Higai*
DirectorTakahisa Inoue*
DirectorKazuhiko Ozeki*
DirectorHajime Ito*
DirectorHirotaka Tanaka*
Director
Toshiyuki Hirata*
Director
Michiro Yamashita*
Director
Yoshitaka Ishii*
Outside Director
Akira Kojima
Outside Director
Tetsuo Ito
Full-time Corporate Auditor
Kenji Uchida
Full-time Corporate Auditor
Koichi Shimomura
Outside Corporate Auditor
Hiroyasu Watanabe
Outside Corporate Auditor
Norio Nakajima* Concurrently serves as Executive Officer1[Translation for Reference and Convenience Purposed Only]
Executive Officers
Chief Executive Officer
Senior Managing Executive Officer
Senior Managing Executive Officer
Senior Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Managing Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer

Hideichi Okada
Hikaru Fukasawa
Yosuke Higai
Takahisa Inoue
Kazuhiko Ozeki
Hajime Ito
Hirotaka Tanaka
Toshiyuki Hirata
Michiro Yamashita
Yoshitaka Ishii
Kunio Suga
Yasushi Hamada
Tsuyoshi Suga
Akihisa Takahashi
Ryuhei Murayama
Senichiro Kaku
Minoru Kuniyasu
Junichiro Ando
Tadashi Matsunaga
Ryohei Wakishima
Tsuneta Nakamura
Masanori Amano
Takamasa Miyadai###2